Form 4: Coursera Executive Adjusts Holdings
Statement of Changes in Beneficial Ownership
Marcelo Modica, Coursera's SVP of People, reported changes in beneficial ownership of company stock.
Summary
- Marcelo Modica, Senior Vice President and Chief People Officer at Coursera, Inc., reported transactions on May 15, 2026.
- These transactions involved the withholding of shares to cover tax liabilities related to the vesting of restricted stock units (RSUs) and performance-based RSUs.
- Specifically, 11,241 shares were withheld for RSUs, and 935 shares were withheld for performance-based RSUs.
- Following these transactions, Modica beneficially owns 407,076 shares of Coursera's common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to equity compensation vesting and tax withholding, rather than a strategic business development or financial performance update.
Positives
- The transactions represent shares withheld for tax purposes, not a sale of stock by the reporting person, indicating continued ownership.
- The vesting of restricted stock units and performance-based restricted stock units suggests the achievement of performance goals or continued employment incentives.
Negatives
- A portion of the vested shares were withheld, which reduces the immediate number of shares available to the reporting person.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to changes in beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for executives and directors regarding their holdings and transactions in company stock. This filing indicates standard equity compensation vesting and associated tax withholding for a key executive at Coursera.
Stakeholder Impact
- Shareholders: The filing provides transparency into executive equity compensation and ownership, which is standard practice and generally expected.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Transaction date for the withholding of shares related to RSU and performance-based RSU vesting. |
| 05/19/2026 | Date of signature for the Form 4 filing. |
Keywords
Coursera, Form 4, SEC Filing, Beneficial Ownership, Restricted Stock Units, Performance-Based RSUs, Insider Transaction, Marcelo Modica
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